Added to YB: 2026-07-09
Pitch date: 2026-07-06
ALDAR.AD [neutral]
Aldar Properties PJSC
Author Info
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Company Info
Aldar Properties PJSC, together with its subsidiaries, engages in real estate development, investment, construction, leasing, management, sale, and associated services in the United Arab Emirates.
Market Cap
AED 64.2B
Pitch Price
N/A
Price Target
N/A
Dividend
2.51%
EV/EBITDA
7.99
P/E
8.11
EV/Sales
2.33
Sector
Real Estate Management and Development
Category
growth
Aldar Properties - $ALDAR.AD
ALDAR.AD (overview): UAE property developer at 7.4x P/E. FY25 rev +47%, net profit +36% (26% margin); 2020-25 rev CAGR 32%, profit 36%; ROE 19.3%, ROIC 13.4%. Backlog AED61B, decade+ landbank. Off-plan model = low debt (1.4x net debt/EBITDA). 2030 target: AED20B profit, 16%+ ROIC. Risks: Iran conflict cut Q1'26 sales -25%, bubble/regional uncertainty. No position; would review on unjustified drop.
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